Homes Under $500K in Elgin, TX

264 active homes under $500k in Elgin, TX · The median list price in Elgin is $299,249.5.

$325,000

148 Hidalgo LN, Elgin TX 78621

MLS #242859459 · Comfort Realty LLC · Tiffany Miles

4 bd·2.5 ba·2,399 sqft

$325,000

305 Tolo DR, Elgin TX 78621

MLS #241212844 · Noble Smith Realty · Noble Smith

4 bd·3 ba·2,179 sqft

Price CutNew Construction

$318,990

106 Hornet ST, Elgin TX 78621

MLS #237910130 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·1,805 sqft

Quick Move-In

$325,990

180 Hornet ST, Elgin TX 78621

MLS #240707188 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,299 sqft

Price Cut

$326,490

13805 Ryan Range LN, Elgin TX 78621

MLS #244770024 · New Home Now · Daniel Wilson

4 bd·2 ba·1,694 sqft

Motivated SellerNew Construction

$319,990

163 Tolo DR, Elgin TX 78621

MLS #242089497 · HomesUSA.com · Ben Caballero

3 bd·2.5 ba·1,805 sqft

Quick Move-In

New Construction

$327,355

113 Two Bits, Elgin TX 78621

MLS #245578288 · HomesUSA.com · Ben Caballero

3 bd·2.5 ba·1,805 sqft

Quick Move-In

$327,990

220 Hornet ST, Elgin TX 78621

MLS #242254049 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,299 sqft

Price CutNew Construction

$324,990

155 Hornet ST, Elgin TX 78621

MLS #245726896 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,003 sqft

Quick Move-In

$328,990

197 Hornet ST, Elgin TX 78621

MLS #245321258 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,299 sqft

$328,990

210 Hornet ST, Elgin TX 78621

MLS #242254066 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,299 sqft

Price CutNew Construction

$329,900

13801 Ryan Range LN, Elgin TX 78621

MLS #238400833 · New Home Now · Daniel Wilson

4 bd·3.5 ba·2,223 sqft

Quick Move-In

$329,990

13424 Barn Chime ST, Elgin TX 78621

MLS #245361341 · DRB Group Realty, LLC · Chaquia Thomas

4 bd·2.5 ba·2,596 sqft

$329,990

187 Hornet ST, Elgin TX 78621

MLS #245319968 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,299 sqft

$329,990

13504 Barn Chime ST, Elgin TX 78621

MLS #241327669 · DRB Group Realty, LLC · Chaquia Thomas

3 bd·2.5 ba·2,252 sqft

$330,000

109 Pine Cone LN, Elgin TX 78621

MLS #246101658 · Jeanette Shelby, Realtors · Kelly Folse

3 bd·2.5 ba·1,683 sqft

$330,000

176 Lacy DR, Elgin TX 78621

MLS #234264814 · Keller Williams Realty · Emilia Montalvo

3 bd·2 ba·1,632 sqft

$332,790

13809 Ryan Range LN, Elgin TX 78621

MLS #244771600 · New Home Now · Daniel Wilson

3 bd·2.5 ba·1,899 sqft

Price Cut

$333,000

122 Dodd Preston RD, Elgin TX 78621

MLS #244654451 · Keller Williams Realty · Pam Harkins

4 bd·2 ba·1,708 sqft

$333,110

128 Honeybee LN, Elgin TX 78621

MLS #243908293 · New Home Now · Daniel Wilson

4 bd·2.5 ba·2,259 sqft

Motivated SellerNew Construction

$333,190

25517 Farmers Crop LN, Elgin TX 78621

MLS #241606474 · D.R. Horton, AMERICA'S Builder · Dave Clinton

4 bd·3 ba·2,257 sqft

Quick Move-In

Price CutNew Construction

$329,990

149 Hornet ST, Elgin TX 78621

MLS #243759074 · HomesUSA.com · Ben Caballero

4 bd·2.5 ba·2,262 sqft

Quick Move-In

$337,500

386 Hidden Oaks LN, Elgin TX 78621

MLS #246616566 · REALHome Services & Solutions · Lori Brown

3 bd·2 ba·2,663 sqft

New Construction

$338,790

152 Hornet ST, Elgin TX 78621

MLS #245730353 · HomesUSA.com · Ben Caballero

4 bd·3 ba·2,396 sqft

Quick Move-In

About Homes Under $500K in Elgin, TX

Setting a price ceiling is one of the most useful ways to shop, and there are 264 homes for sale under $500K in Elgin on the market right now, drawn from live MLS data — so you're seeing what's actually available in your range, not a stale list. How far a $500K budget goes depends on the Elgin market, and the quickest gauge is the median list price shown above: when your ceiling is below the local median you're shopping the lower-priced end of the local market, and when it's near or above the median you're looking at a large share of what's available. Within a $500K budget you'll typically find a mix of property types — houses, condos, and townhomes, and in some areas newer construction — across different sizes, ages, and neighborhoods, so the trade-offs between them are where the real choice lives. You can filter the homes and houses for sale under $500K in Elgin by beds, baths, and features to narrow the list, and open any listing for its full details and price history. Because HomeLocating is an independent home-search platform — not a national portal — you get a neutral, MLS-sourced view of what $500K actually buys in Elgin today.

Buying a Home Under $500K in Elgin

Shopping with a $500K ceiling in Elgin works best when the number is real, so a few things are worth doing before you tour. Start with a lender: getting pre-approved tells you what you can actually borrow and what your monthly payment looks like at $500K, which is often different from a round budget in your head. Remember that the list price isn't the whole cost — property taxes, any HOA or MUD dues, and insurance all factor into what a home under $500K really costs each month, so it's worth looking at the full number. Within a fixed budget, the choice usually comes down to trade-offs: size, location and commute, the age and condition of the home, and new construction versus resale — deciding which of those matter most to you makes comparing homes far easier. And well-priced homes in a given range can move quickly, so knowing your criteria in advance helps you act when the right one appears. None of this is financial advice, and HomeLocating is not a lender — but it's what keeps a budget from being a guess. Because HomeLocating is operated by Walter Marin, REALTOR® with Compass, you can get help finding and buying a home under $500K in Elgin directly through the site. When you're ready, browse the listings above and reach out about any that interest you.

Frequently Asked Questions

How many homes are for sale under $500K in Elgin?

It changes as new listings come on the market and others go under contract. The homes under $500K shown here for Elgin are drawn from live MLS data, so the count reflects what's actually available right now — the current total is shown with the results above.

What kind of homes can I get under $500K in Elgin?

It depends on how $500K compares to the local market — the median list price for Elgin is shown above. Within that budget you'll generally find a mix of houses, condos, and townhomes, and in some areas newer construction, across a range of sizes, ages, and neighborhoods. Filtering by property type and features narrows it to what fits.

How does a $500K budget compare to the Elgin market?

The simplest gauge is the median list price shown above. If $500K is below the Elgin median, you're shopping the lower-priced end of the market; if it's near or above the median, your budget covers a large share of what's listed. The live count shows how many homes currently fall under $500K.

How do I know what I can actually afford?

List price is only part of it — your real budget depends on your financing plus property taxes, insurance, and any HOA or MUD dues. Getting pre-approved with a lender tells you what you can borrow and what the monthly payment would be at $500K, so the number is based on your situation rather than a guess.

Are these listings current?

Yes — the homes under $500K shown here are drawn from live MLS data, so you're seeing current listings rather than a stale or padded list. As an independent platform, the goal is an accurate, neutral view of the Elgin market.

Can HomeLocating help me buy a home under $500K in Elgin?

Yes. HomeLocating is operated by Walter Marin, REALTOR® with Compass, so you can get help comparing homes in your budget, understanding the full monthly cost, and handling the offer directly through the site — reach out about any of the listings above.